Worried - Do / Can payments just increase??

[cso5@]

So I have been reading threads about Ch 13 payments increasing. And some of it I understand is because of ARM's that are included in the payment -- the rate goes up, the payment goes up.

And if you get a different job or a big raise -- that's understandable, too.

But other than instances like that, do payments just "go up"? Might I get a letter one day from the trustee stating that my payment's been increased?

I am a year and a half in -- and it's tough, and I pray daily nothing really bad happens -- no big car issues, no boiler issues, no medical problems of a large expensive nature, etc. But if my payment were to go up -- it would be tougher, that's for sure.

Anyone have any insight?

[lrprn]

Might I get a letter one day from the trustee stating that my payment's been increased?

The trustee can't just increase your payment because he/she wants to. There has to be a legitimate reason.

Unless your case is still unconfirmed and you are dealing with trustee or creditor objections, you are tied into an ARM mortgage, or you have an unexpected increase in income greater than 10% at once, the chances that your payment will increase after confirmation are very low.